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Key Stats

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Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
1.47% -2.25% 320.70M 27014.37
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
4.67% 8.00% -- Upgrade

Basic Info

Investment Strategy
To provide as high a level of current income exempt from federal income taxes by investing at least 80% of its net assets (including preferred stock), plus the amounts of any borrowings for investment purposes, in a portfolio of municipal bonds the interest on which is excludable from gross income for Federal income tax purposes. It invests in a portfolio of municipal bonds which are rated in the three highest quality rating categories (A or better) or, if unrated, are considered by the Investment Adviser to be of comparable quality. It may invest in certain tax exempt securities classified as private activity bonds.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name Muni National Long
Category Index Bloomberg Municipal TR USD
Prospectus Objective Municipal Bond - National
Fund Owner Firm Name BlackRock
Prospectus Benchmark Index
Bloomberg Municipal TR USD 100.0%
Broad Asset Class Benchmark Index
^BBMBTR 100.0%
Manager Tenure
Michael Kalinoski 21.18 yrs
Theodore Jaeckel 15.26 yrs
Walter O'Connor 15.26 yrs

Net Fund Flows Versus Category

1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
No Data Available
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: --
-346.83M Category Low
1.972B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
Date Unavailable

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
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% Rank in Cat (NAV)
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--
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As of January 14, 2022. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2015
2016
2017
2018
2019
2020
2021
YTD
7.35%
1.97%
8.04%
-8.14%
18.86%
12.47%
8.47%
-3.91%
3.30%
0.25%
5.45%
1.28%
7.54%
5.21%
1.52%
-0.93%
10.01%
-1.51%
7.70%
-7.54%
17.64%
12.72%
7.62%
-5.21%
7.37%
4.82%
9.05%
-12.97%
14.99%
13.26%
7.38%
-5.19%
9.86%
-1.68%
8.98%
-9.74%
21.31%
14.61%
2.65%
-4.51%
11.47%
-1.92%
7.13%
-8.03%
17.03%
11.58%
6.99%
-4.58%
As of January 14, 2022.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (1-14-22) 4.67%
30-Day SEC Yield (12-31-09) Upgrade
7-Day SEC Yield (10-28-10) Upgrade
Number of Holdings Upgrade
Bond
Current Yield 4.26%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of September 30, 2021

Asset Allocation

As of September 30, 2021.
Type % Net % Long % Short
Cash -35.13% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 135.1% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
NORTH TEX TWY AUTH REV 6.75%
4.52% -- --
SAN ANTONIO TEX PUB FACS CORP LEASE REV 0%
2.55% -- --
METROPOLITAN PIER & EXPOSITION AUTH ILL DEDICATED ST TAX REV 0%
2.12% -- --
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%
1.91% -- --
MOUNT SAN ANTONIO CALIF CMNTY COLLEGE DIST 0%
1.79% -- --
TENDER OPT BD TR RCPTS / CTFS VAR STS 0%
1.75% -- --
NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 4%
1.72% -- --
NEW YORK TRANSN DEV CORP SPL FAC REV 5.25%
1.71% -- --
NEW JERSEY ST TRANSN TR FD AUTH 5.5%
1.56% -- --
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%
1.49% -- --

Basic Info

Investment Strategy
To provide as high a level of current income exempt from federal income taxes by investing at least 80% of its net assets (including preferred stock), plus the amounts of any borrowings for investment purposes, in a portfolio of municipal bonds the interest on which is excludable from gross income for Federal income tax purposes. It invests in a portfolio of municipal bonds which are rated in the three highest quality rating categories (A or better) or, if unrated, are considered by the Investment Adviser to be of comparable quality. It may invest in certain tax exempt securities classified as private activity bonds.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name Muni National Long
Category Index Bloomberg Municipal TR USD
Prospectus Objective Municipal Bond - National
Fund Owner Firm Name BlackRock
Prospectus Benchmark Index
Bloomberg Municipal TR USD 100.0%
Broad Asset Class Benchmark Index
^BBMBTR 100.0%
Manager Tenure
Michael Kalinoski 21.18 yrs
Theodore Jaeckel 15.26 yrs
Walter O'Connor 15.26 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (1-14-22) 4.67%
30-Day SEC Yield (12-31-09) Upgrade
7-Day SEC Yield (10-28-10) Upgrade
Number of Holdings Upgrade
Bond
Current Yield 4.26%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of September 30, 2021

Fund Details

Key Dates
Inception Date 8/28/1992
Last Annual Report Date 4/30/2021
Last Prospectus Date 9/19/2005
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No

Top Portfolio Holders

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